Nov 27, 2012 4:00am PST
this season. house speaker john boehner and a few other key republicans appear willing to consider tax hikes. billionaire warren buffett chimes in that tax hikes won't stop the wealthy from investing. in our cover story, the woman who led the securities and exchange commission after the 2008 financial crisis is stepping down. mary schapiro took over an agency under fire for ignoring repeated warnings about the bernie madoff ponzi scheme. in 2008, the regulatory sec was itself under scrutiny, critized for failing to anticipate the lehman brothers bankruptcy, which sent financial markets reeling, and also missing the warning signs of bernie madoff's multi-billion dollar ponzi scheme. "before she got there, they almost needed someone to come in and confess." mary schapiro, who president obama said will be replaced by commissioner elisse walter, overhauled sec enforcement and made it more proactive. "to get out there and defend investors, as opposed to trying to figure out what happened after." but critics say for the dozens of insider trading investigations, the sec under schapiro did not crack
Nov 28, 2012 12:00pm PST
diapers. >> this morning republican house speaker john boehner said his colleagues are willing to discuss new tax revenues but only if democrats agree to new spending cuts. >>> a bay area national guard crew just headed out on a rescue mission. >> steve paulson is back with more on when today's rain will end. he says there are bigger storms ahead. >> it was really close to their backs. if that was higher, i think it would -- >> you will hear more from a terrified south bay resident after bullets were fired into her room with small children inside. on your prepaid card? introducing chase liquid. the reloadable card with no fee reloads and withdrawals at chase atms. all for one flat monthly fee so there's zero confusion. get rid of prepaid problems. get chase liquid. [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or lea
Nov 26, 2012 6:00am PST
travis bader will arrived -- john boehner will arrive. >>> they are looking into who will be the starting quarterback when he was asked to replace alex smith and harbaugh said we will address it at a later date. he passed with 231 yards scored a rushing touchdown and threw that touchdown pass to frank gore. the 9ers defense was incredible. the saints quarterback was sacked 3 times and returned two upper exceptions for touchdowns. -- interceptions for touchdowns. >>> big story this morning in traffic, tara? >>> that's right, if you live in the peninsular or marin and sonoma counties you are looking at patchy fog all of the area bridges are under a fog advisory, highway 37 westbound slow going as well as at the petaluma area. let's go to steve. >> after the fog we will have more on mornings on 2. >>> we will tell you how dangerous it is, stay tuned for the latest on driving conditions. >>> and in san francisco, carbon-monoxide poisoning more than a dozen people were sent to the hospital. stay with us, we will be right back.
Nov 26, 2012 7:00am PST
will be covered with 5,000 ornaments and it will be lit by house speaker, john boehner, doing the honors to power that tree on december 4th. so look forward to that. but pretty shot there. >> how would you like to deck kate that -- decorate that. >> yeah. >>> why a gas company president is defending a worker who caused the massive explosion in massachusetts. [chanting] >>> and what's happening in egypt after several days of violent clashes after the new leader's power grab. you know how much grandma wanted to be here for your fist christmas? you see grandma lives waaaay down here, and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> well, clear skies for a few. a lot of fog for others. that dense fog advisory will go until 9:00 and it will be sunny. you can see tha
Nov 26, 2012 2:00am PST
, john boehner, and senator reid, and mcconnell. what is on the table, i think this week you see more republicans saying, you know, we will not hold to the grover norquist idea, the man who says that everybody who is a republican has to sign a "no tax increase" pledge. >> chris: in fact they've already signed it. >> in some cases but this week you had people like saxby chambliss, joining people like your guest this morning, john mccain, tom coburn and others and 12 members of the house, saying, republicans have to be willing to compromise. we did not win, clearly, this election, and the president is back in office, you have to make some kind of deal and so the president's side, he needs to deal, too. and sometimes it doesn't get attention from the press but you heard nancy pelosi and harry reid saying they expect a deal along with charlie rangel before the december 31 deadline and the unions are on the air saying, don't cut our programs badly and the republican side, both sides are under pressure for a deal, right now and they will make it. >> chris: well, that is an optimistic view.
Nov 28, 2012 7:00am PST
on the wealthy. he meets with families and middle classers today and house speaker john boehner said, he and both president obama want a deal. >> this is not good for our country. it's as simple as that. you know me. i'm an optimist. >> reporter: they are promoting a reference to the middle-class tax increase if the bush era tax cuts are not extended. >>> new this morning, we're learning that mitt romney is going to the white house tomorrow. president obama is going to have a private lunch with his former rival to make good on a promise the president made in his victory speech. he said the two could talk about how to work together to move this country forward. and while in washington, romney will also meet with his former running mate, paul ryan. >>> the florida societyite at the heart that scandal -- socialite at the heart of that david petraeus scandal is speaking out. jill kellley hired an attorney. her lawyer wrote to the u.s. attorney aoffice in tampa -- u.s. attorney's office in tampa. >>> back here at home, overnight, a san francisco house fire was put out in the ingleside district. it sta